Intro -- Contents -- I. INTRODUCTION -- II. RETIREMENT INCENTIVES IN THE PUBLIC PENSION SYSTEM -- III. LABOR PARTICIPATION AND TAX AND BENEFIT SYSTEMS IN SLOVENIA -- IV. CONCLUSION -- References -- APPENDIX I. PUBLIC PENSIONS SYSTEM PARAMETERS -- APPENDIX II. LIFE EXPECTANCY -- APPENDIX III....

This paper analyzes various reform options for Japan's public pension in light of large fiscal consolidation needs of the country. The most attractive option is to increase the pension eligibility age in line with high and rising life expectancy. This would have a positive effect on long-run...